Desaster. Es werden Fortschritte erzielt und es wird in die Zukunft der Mine investiert was sich in der Zukunft mit höheren Silberpreisen zu guten Gewinnen resultieren sollte.
Inclusion in the Solactive Global Silver Miners Index on May 1, 2025. Inclusion in this major silver index is an important milestone, validating Americas’ position as a growing silver focused miner and increasing exposure to large institutional investors.
Silver production expected to increase steadily over 2025 with additional new equipment, productivity improvements as higher-grade silver-lead and silver-copper stopes are developed at Galena and the Cosalá operation transitions from the San Rafael Mine to higher-grade, silver-copper ore in the EC120 zone.
Strong exploration results from the Galena Complex, highlighted by an intersection of 983 g/t over 3.4 metres in the new 034 vein, is just one example of the prospectivity for new high-grade mining areas that provide near term mining potential.
Increase in revenue due to higher realized prices. Revenue increased to $23.5 million for Q1-2025 or 12% compared to $20.9 million for Q1-2024, with a higher realized silver price1 of $32.10/oz.
Consolidated attributable silver production of approximately 446,000 ounces and 837,800 ounces of silver equivalent2, including 6.7 million pounds of zinc and 3.8 million pounds of lead.
Cost of sales3 per silver equivalent ounce production, cash costs3 and all-in sustaining costs3 per silver ounce sold averaged $25.23, $25.04 and $35.671, respectively, in Q1-2025 as the Company invests into its assets to begin scaling production and reduces unit costs in both operating centres.
Net loss of $18.9 million for Q1-2025 (Q1-2024 net loss of $16.2 million), primarily due to the increasing precious metal prices on metals-based liabilities, and higher corporate general and administrative expenses, offset in part by higher net revenue, lower care and maintenance costs, higher foreign exchange gain and a gain on disposal of non-operating assets.
Adjusted earnings3 for Q1-2025 was a loss of $11.5 million (adjusted loss of $10.5 million for Q1-2024) primarily due to lower production at Cosalá and higher corporate general and administrative expenses as the Company executes on the early stages of optimizing its operating centres, offset by higher net revenue.
Adjusted EBITDA3 for Q1-2025 was a loss of $5.5 million (adjusted EBITDA loss of $4.3 million for Q1-2024) primarily due to higher corporate general and administrative expenses, as the Company commenced execution of its strategy, offset by higher net revenue.
Cash and cash equivalents balance of $8.8 million and working capital deficit of $27.8 million as at March 31, 2025.
Paul